Petrol price remains well above €2 at the turn of the year

Petrol price remains well above €2 at the turn of the year

Although international concerns about the omikron variant of the coronavirus are causing falling oil prices, the Dutch recommended retail price for a liter of petrol (E10) appears to remain well above €2 at the turn of the year. That reports United Consumers.

The fierce petrol prices have been the talk of the town for months. A liter of E10 (Euro 95) currently costs about 40 cents more than at the beginning of this year. However, do not expect a rapid price drop, as the Dutch petrol price is still above €2 at the turn of the year, according to United Consumers. A liter of E10 is expected to cost €2.08, just like at the time of writing. For comparison: at the beginning of this year you lost €1.68 for a liter of E10.

That €2.08 per liter is hefty, but fortunately not as severe as the peak that the Dutch suggested retail price for a liter of E10 reached on November 18. Then you tapped at the pump almost €2.15 for a liter of E10. Brent oil is now traded on the international market for about €70 per barrel, at the beginning of this year the price of a barrel of Brent oil was still €45. According to United Consumers, a liter of diesel today costs €1.71, per liter of LPG you pay €1.14. In the north of the Netherlands, refueling is currently the least expensive, because those who look well can still refuel E10 for about €1.80 per liter. Fun fact: De Telegraaf reports that the Makro in Amsterdam has been the cheapest place to fill up a liter of E5 over the past 11 months. The average liter price of E5 was €1.82.

– Thanks for information from Autoweek.nl

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